The Ultimate Guide to the Cabela’s CLUB Mastercard

If you’re an outdoor enthusiast who frequents Cabela’s or Bass Pro Shops, the Cabela’s CLUB Mastercard could be a great fit for your wallet. With rewards tailored to these retailers and exclusive benefits, this card is designed to make your adventures more rewarding. Here’s everything you need to know about this card, from its perks and costs to tips for maximizing your rewards.

What Makes the Cabela’s CLUB Mastercard Unique?

The Cabela’s CLUB Mastercard offers a tiered rewards system and exclusive financing options for in-store purchases. Here’s what sets it apart:

• Rewards Structure: Earn 2% back in CLUB Points at Cabela’s, Bass Pro Shops, and participating Cenex locations, and has 1% back on all other purchases. Higher rewards are available for members who achieve Silver or Black status.
• Exclusive Financing: Enjoy a 9.99% APR for purchases made at Cabela’s and Bass Pro Shops.
• Sign-Up Bonus: Earn up to $50 in CLUB Points: $20 upon approval, $10 after two Cabela’s purchases within 30 days, and $20 after five purchases anywhere else in the same timeframe.
• No Annual Fee: Save on fees while earning rewards.

Why This Card Could Be Great for You

The Cabela’s CLUB Mastercard comes with plenty of benefits for outdoor lovers:

• Member-Only Perks: Cardholders gain access to exclusive discounts, promotions, and special events, making your shopping experience even more rewarding.
• Flexible Redemption: Use your CLUB Points at checkout for purchases in-store or online at Cabela’s and Bass Pro Shops.
• Lower APR on Store Purchases: A 9.99% APR for in-store purchases is a unique perk for frequent shoppers.

What to Watch Out For

Like any credit card, the Cabela’s CLUB Mastercard has a few drawbacks to consider:

• Limited Redemption Options: CLUB Points can only be redeemed at Cabela’s and Bass Pro Shops, limiting flexibility for other spending.
• High Standard APR: Non-store purchases come with a variable APR of up to 31.74%, which adds up if you carry a balance.
• Spending Thresholds for Higher Rewards: Achieving Silver or Black status requires annual spending of $10,000 or $25,000, respectively, which may be out of reach for some cardholders.

Who Will Benefit Most from This Card?

The Cabela’s CLUB Mastercard is ideal for:

• Outdoor Enthusiasts: Frequent shoppers at Cabela’s or Bass Pro Shops will benefit most from the rewards and exclusive financing.
• Budget-Conscious Shoppers: With no annual fee, this card is a cost-effective option for earning rewards.
• Pay-in-Full Users: If you always pay off your balance, you’ll avoid the high APR on non-store purchases.

On the other hand, this card may not be the best choice for:

• General Reward Seekers: If you prefer rewards that are more versatile, a cashback or travel card may be a better fit.
• Balance Carriers: The high standard APR can lead to significant interest charges if you don’t pay off your balance in full.

How to Apply for the Cabela’s CLUB Mastercard

Applying for the card is easy and can be done online or in-store.

1. Online Application: Visit the Capital One website and follow the application prompts.
2. In-Store Application: Head to a Cabela’s or Bass Pro Shops location for assistance with applying.

Eligibility requirements are similar to other credit cards, so ensure your credit score meets the qualifications.

Tips to Get the Most Out of This Card

Here are a few strategies to maximize the benefits of the Cabela’s CLUB Mastercard:

• Use It for Store Purchases: Earn 2% or more back in CLUB Points by prioritizing purchases at Cabela’s and Bass Pro Shops.
• Track Your Spending: Work towards Silver or Black status to unlock higher rewards rates.
• Combine Points and Promotions: Use CLUB Points alongside sales or discounts for maximum savings.
• Pay in Full: Avoid interest by paying off your balance every month.

Frequently Asked Questions

Can I Use This Card Outside Cabela’s or Bass Pro Shops?

Yes, but you’ll only earn 1% back on non-store purchases.

What Happens to My Points if I Close the Account?

Your points will be forfeited if the account is closed, so redeem them before closing.

Are There Any Foreign Transaction Fees?

No, the card doesn’t charge foreign transaction fees, making it a good choice for international travel.

How Do I Check My CLUB Points Balance?

You can log into Capital One online or check your monthly statement for your current CLUB Points balance.

The Bottom Line

The Cabela’s CLUB Mastercard is a fantastic choice for loyal shoppers of Cabela’s and Bass Pro Shops. With its exclusive financing options and tailored rewards, it’s a must-have for outdoor enthusiasts who can take full advantage of its perks. However, if you’re looking for broader redemption options or carry a balance frequently, you may want to explore other cards.